CFIB holds Red Tape Awareness Week
Posted Jan 11, 2010 9:16 pm.
This article is more than 5 years old.
The Canadian Federation of Independent Businesses thinks the amount of red tape Canadian businesses are burdened with is unacceptable, and they’re making it known.
The group feels the amount of money spent by businesses to comply with obligations involving all levels of government is getting out of control.
The Director of Provincial Affairs at Canadian Federation of Independent Business tells 660News the analysis they’ve done shows that Canadian business of all sizes spend about $30.5 Billion to comply with obligations from all levels of government.
Richard Truscott says according to a survey the CFIB conducted, one quarter of small business owners says they never would have started up in the first place, had they known the burden regulations would impose on them.
To promote awareness and educate the public, Red Tape Awareness Week will be held from January 11-15th, 2010.